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be a great power. grow rich, but remain a one- party state. >> as the economy continues to thrive, much of the west is locked in uncertainty. what can nation's land from ,ountries like china, mexico and brazil? that is the topic addressed by the dean of new york university in his new book "turnaround." what do you think? this idea there needs to be political freedom in china in order to have economic growth. delimiteral freedom on economic growth? >> places that are free, we see economic growth in both places. democracy has its own fruits. democracy has also sometimes struggled with economic change. both systems can produce austerity. >> are their commonalities in those countries that have had significant economic growth? are the things they have done that have succeeded? >> yes. there are three keys to prosperity. this a plan, clarity, -- discipline, it clarity, and trust. policy,ontext of fiscal they have been able to save for a rainy day. when times are good, you have a cushion when things are not so good. >> this was pointed out in the 2008 crash. or a decade, the west dictating the
%, which meant it was getting broad support from all sectors of the economy. i did make a mistake, which was turning it over to iraqi politicians. i should have turned it over to judges, people who did not have a political ax to grind. on the army, there was no question it was the right thing to do not to recall the army. we should have not said it was disbanding it. the pentagon said it would be self-demobilized. it would have been a big mistake to have called the army back. it would have led to the break up iraq. the kurds were very clear they would secede. when we did try to bring back a single battalion in april 2004, it went immediately over to the insurgency and started shooting at americans. it did not work. building the army from the bottom up -- a new army from the bottom up -- was the right path. today, the iraqi army is the most respected institution in the country. >> when you look back your tenure in baghdad, it was a difficult time. are you proud of what you did? >> i am satisfied. proud is probably going to far. i think that the 3000 civilians who work in the cpa from 25 d
, it has taken us 40 years to build our economy to the level it is. with done one day -- within one day, we have shot it down. we are very betrayed. >> they can do it anywhere. live in europe, europe has betrayed us. >> at one stage, the crowd was urged to march towards the presidential palace. many people believed their savings had been guaranteed. what is clear is that the bailout deal negotiated in brussels cannot be implemented here except in the face of furious opposition. will have depositors to pay -- just reducing the amounts savers and depositors will have to pay probably won't be enough. teeple are still trying to get their money out of cash machines, but there are limits on how much they can withdraw. a parliamentary vote on the bailout has been postponed yet again. the government feared it might not win a majority for the bailout. without extra funding, cyprus faces bankruptcy. the british community around -- the british community, around 60,000, is also assessing its losses. cypriot friends are in shock. >> they felt as though someone had put their hand in their pocket and take
is normal banking business. there is enough money to keep the economy moving forward, but these are very, very difficult days. tomorrow, the banks will be closed again, and quite possibly on friday, too. >> thank you. we are bringing you all of the latest developments from cyprus as they search for a solution there. police have searched the home of kristie in the guard. ofkhristine lasard, the head the international monetary fund. the operator of japan pose the damaged nuclear power plant in fukushima said iraq had been responsible for a loss of power this week. -- said a rat has been responsible for a loss of power this week. a dead rat was found near a switchboard. the company is investigating whether the raft was the cause. that it has killed a french national captured in mali in 2011. it claims it executed the man in retaliation for france's intervention in mali. the french foreign ministry said it is trying to verify those claims. the first test- tube baby was born in the u.k., the country could be leading the way again. this time it is a new idf procedure that creates a baby with t
. >> your personal economy is made up of things that matter most, including your career. as those things change, fidelity can help you readjust your retirement plan, rethink how you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can fit your personal economy. fidelity investments. turn here. >> bbc world news was presented by kcet, los angeles. picking day! we're going to the enchanted garden to pick fruit. and then, we're going to help my dad build a playhouse. we have a lot to do today. i'm glad you're here. be right back! is made possible in part by... the richard king mellon foundation. dedicated for over sixty years to south western pennsylvania's quality of life, and competitive future. and by these pittsburg foundations. working together to enhance and enrich the lives of children for more than seventy-five years. and by the arthur vining davis foundations. dedicated to strengthening america's future through education. adcasting, dedicated to strengthening america's future and contributions
Search Results 0 to 7 of about 8 (some duplicates have been removed)